Tag Archives: Industry News

Universal rent control is here: Will it backfire?

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Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Continue reading →

Douglas Elliman profits collapse amid slower real estate market

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Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading →

HAR.com and NTREIS now offering popular app to 73K Realtors for free

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The Houston Association of Realtors (HAR) and North Texas Real Estate Information Systems (NTREIS) announced Wednesday that its pro-level iOS and Android app will now be available at no additional cost to more 38,000 subscribers of its MLS, making the … Continue reading →

EXCLUSIVE: Compass scoops up Contactually, CRM-maker beloved by rivals

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Compass is set to acquire Contactually, a cloud-based real estate software company with one of the industry’s leading customer relationship management (CRM) systems. Contactually’s team of 32 engineers will join Compass’ 270-person tech team to further… Continue reading →

Pending home sales decline annually for 13th straight month

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The National Association of Realtors Pending Homes Sales Index declined 2.3 percent year-over-year in January, the 13th straight month of such declines.   Continue reading →

Sotheby’s achieves record year, despite industry-wide slowdown

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Sotheby’s International Realty achieved a record year for sales volume amid the backdrop of a slowing market in 2018, the company announced. Continue reading →

Insurance startup TheGuarantors secures $15M Series B round

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Insurance startup TheGuarantors has secured $15 million in Series B funding, executives for the company announced this week. Continue reading →

Home prices jumped 5.7% year-over-year at the end of 2018

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Home prices jumped 5.7 percent during the final months of 2018 compared to the same period one year prior, with the mountainous states in the western U.S. seeing the strongest growth. Continue reading →